US IT giants see growth in net profit 

US IT giants are seeing booming business as demand for online services takes off amid the pandemic. Google's parent company, Alphabet, and Microsoft both posted strong earnings for the January-to-March period, Report informs.

Alphabet announced on Tuesday that its sales jumped 34 percent year-on-year in the last quarter to 55.3 billion dollars. Net profit more than doubled to 17.9 billion dollars.

Microsoft saw its revenue grow 19 percent for the three-month period to 41.7 billion dollars.

Net income surged 44 percent to 15.5 billion dollars.